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Home > Financial Services > Accountants > Khandelwal & Associates an Accty Corp.
Khandelwal & Associates an Accty Corp.
Khandelwal & Associates An Accty Corp. serves as your financial guide, helping you to utilize your resources more effectively as you work towards your financial goals. You'll find these tasks easier to accomplish with a CPA's assistance keeping your taxes at a minimum, satisfying record keeping and report filing requirements, using financial and audit reports to make smart business decisions, achieving maximum success and profitability in your business and planning for a comfortable retirement.
They can prepare or supervise the preparation of your financial statements. Compiled, reviewed, or audited statements can be provided according to your needs. More importantly, they can help you use these statements, as well as other reports, to better manage your business and increase your profitability. Good financial records are necessary for several reasons Daily operating decisions are based on financial reports. Bank loans require reports of past performance and Tax return numbers need proper substantiation. Prepare financial reports monthly.
The Company for year to date comparisons and to make quick management decisions, financial reports must be done monthly. You can compare the sales, gross profit, and net profit at, say, the end of May, with prior years and get a good idea of how the current year will finish. You can compare the total accounts receivable or payables with prior years to spot problems and then quickly take corrective action. Gross profit divided by net sales will allow you to compare your business operations to other companies in your industry, as well as monitor your own operations over time.
The Company monitors the changes in the tax law that could affect you and recommend tax saving strategies. They will prepare all your tax returns and serve as your advocate in all tax matters. If you are contacted by any government agency concerning your tax matters, your first call should be to them. They will take care of it so that you can get on with your business.
They are deferring tax liability through certain investment choices and through pension plans contributions. As you investing your money to produce income that is exempt from either federal or state income tax, or both. Their goal is to provide timely and quality service that will keep your business in compliance with taxing authorities and provide you with the information you need to make informed decisions regarding the operations of your company.
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